Trading 212 Scam Test
As you know, we always dedicate a separate article to examining a broker’s security features. That’s simply something we as responsible reviewers have to do if we want to help you avoid untrustworthy trading partners (and we do!). This time, we will be looking for signs of a Trading 212 scam. Now, this is a very interesting broker because it has been on the market for more than a decade. Usually, companies with that much experience check out without any problems, but we can’t afford not to check what these people offer in that respect. After reviewing their security system, we were very pleasantly surprised, fortunately. Why? Well, you’ll just have to read on to find out.
The thing that stands out when you’re researching this broker’s security are its licences. Yes, there are two of them. First and foremost, Trading 212 is regulated by the Financial Conduct Authorities, an English regulatory body which is know across the trading world as one of the strictest you can find. That’s definitely an excellent sign. But apart from that, the company is also registered, authorised and regulated in Bulgaria (Financial Supervision Commission number RG-03-0237), so they are actually able to offer their services in the entire EU. The broker is also a member of two compensation funds, which means your funds are really very secure. In short, on paper you really have nothing to worry about when it comes to Trading 212 scams. But how does the website perform in reality?
The papers may be in order, but the most important processes still need to perform flawlessly when you’re on a broker’s website. To learn all the details about them, check out our Trading 212 Review, where we strip everything down to the bare essentials. However, as far as this article is concerned, you have nothing to worry about. The platform is absolutely perfect, quick to respond and always up to date, whereas every payment is executed on time and as promised. We should mention here that your funds with this broker will be held in a segregated account, which is in full accordance with the industry’s standards and protocols. Furthermore, even if a problem does arise or you simply have a question or two, you can always talk to the support team, a well-trained group of people who work tirelessly to make sure your trading experience is absolutely perfect.
Trading 212 Scam Test – Conclusion
As you can see from this article, Trading 212 scam is not something you need to worry about. This is a professional, experienced and regulated company completely dedicated to providing a good online trading service. As a matter of fact, we’d say that Trading 212 is as legit as forex brokers come. Therefore, if experience is what you’re looking for in your trading partner, this is the website you need to open an account on. Two different licences confirm you won’t be wrong. Sign up today and good luck with your trades!